Taking Additional Steps To Address the National Emergency With Respect to Venezuela
Headline: Expands Definition of Venezuela Government for United States Sanctions
What it does: Agencies must treat the "Government of Venezuela" to include state bodies, the Central Bank, PDVSA, entities they control, and those acting on their behalf.
- Includes the Central Bank and state oil company in government definition.
- Subjects entities owned or controlled by Venezuelan state to United States measures.
- Covers individuals acting on behalf of the Maduro regime for targeted action.
Summary
This order changes how the United States defines the "Government of Venezuela." It says the term now covers the Venezuelan state and government, any political subdivision, agency, or instrumentality, specifically naming the Central Bank of Venezuela and Petroleos de Venezuela, S.A. (PDVSA), and anyone owned or controlled by them.
People acting for or on behalf of these entities, including members of the Maduro regime, are also covered. The change responds to reported human rights abuses, repression of protesters, press restrictions, and efforts to undermine Venezuela's Interim President and National Assembly.
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